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Thursday, October 19, 2017

Citigroup earns $7,962 million through June, up 6%

Banking group Citigroup announced today that it earned $ 7,962 million in the first six months of the year, up 6 percent from the...

The US has a budget surplus of US $ 182 billion in April

The government's budget balance posted a surplus of $ 182 billion in April, up from $ 106 billion in the same month in 2016,...

There is a huge hole in Trump’s promise to bring back US manufacturing jobs

When Donald Trump was running for president, he said companies should "buy American and hire American." But in manufacturing these days, buying American often means...

These are the 138 JC Penney stores that are about to close

J.C. Penney (JCP) has released the list of 138 stores it plans to close in an effort to cut costs and grow sales at...

Amazon actually isn’t the biggest problem, Macy’s CFO says

Amazon (AMZN) is an easy source of blame for the ongoing wave of store closures happening at bricks-and-mortar chains. But according to Macy's (NYSE:M) CFO...

CFPB eyes new data sources to broaden credit access

The U.S. Consumer Financial Protection Bureau (CFPB) said on Thursday it was exploring the use of alternative data sources such as mobile phone and...

JPMorgan changes chief of high-profile card business

JPMorgan Chase & Co (JPM.N) said on Wednesday that Jennifer Piepszak will become chief executive of its card services division, replacing Kevin Watters. Watters, 48,...

Buffeted by change, US auto workers resigned to uncertainty

Detroit, the once-thriving capital of the US automobile industry, has seen most of its jobs move overseas, leaving the remaining workers at the "Big...

How To Avoid Becoming A Financial Burden On Your Kids

Americans are living longer than ever, which means retirement could last 20 to 30 years for some people – maybe even longer. That’s great for...

U.S. property foreclosures at 10-year low in 2016

Foreclosure proceedings affected nearly a million U.S. homes and other real estate last year, down 14 percent from 2015 and down 70 percent from...

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